Cable Update (GBPUSD) | Page 23735 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #474,681
  • Feb 9, 2019 4:00am Feb 9, 2019 4:00am
Quoting elbert3
{quote} Thanks mate but I have it all at hand anyway it wants to go . See my past posts and you will understand the plans . Regards E
Happy to hear that. Just subscribed you so I can follow your update mate. Still learning through
Yoobbie
  • #474,682
  • Feb 9, 2019 4:13am Feb 9, 2019 4:13am
Ok so what do we see . Monthly . 10 and 20 ema crossed to the short look . But this week levelled out so not that . A bounce off the 10 ema would be goof to that out that 20 ema .. as posted last week .. watch out as the big boys like 20 ema to play off . 3200 was that 20 ema and where did it go ??? So I was right on that and followed what I seem . The 2 months previous we have a spinning top or dragonfly doji ? !! Need Bones to give us opinions on that one. Then we had a bull candle . And now I think we have a retracment of that bull candle . But it tailed up on some news . As my 61%was around 2720 and 50%is 2817 ish where it could go back to .. note that
  • #474,683
  • Feb 9, 2019 4:26am Feb 9, 2019 4:26am
Weekly. If you fib that from 2420 ish to the 3200 top yo see it more clear 3100 was the breakout channel tl on the weekly too .2670 is a weekly support area and the 2510 where is you look back and put your lines on it matchers up .any bounce of the fib numbers takes us to 3310 ext but only after breaking out 2980 resistance where also I have a short tl running breakout there looks to be 3000 and 3030 resistance
  • #474,684
  • Feb 9, 2019 4:40am Feb 9, 2019 4:40am
Day chart .. you can see price move up from December then that spike down . Was that telling us that yes price can or could go down there and it just had to capture the buyers on the way to that monthly 20 ema . Or if yo draw your tl from the bottom to the last weeks tail then that gives us a working tl . And any bounce off that line could be possible buys to 3300 where price could 1 go back down to that bottom tl which could be around 3040 area for more buys to 3400 . Also if you go back to 11 of oct and draw a top tl to 16 Nov look where you line goes to .. strangle enough to Thursdays low candle . So we note that to . A break down of the bottom tl could lead to that 2300 area .
  • #474,685
  • Feb 9, 2019 4:49am Feb 9, 2019 4:49am
4 hour now this gets a bit messy . If you look the 200 end is supporting the price at 2920 so a good place to trade with a sto just below !!! Well that's your trade . And always trade your own plan . So again we look both ways if if the 200 supported them the above target number come into play 3000 is an inside tl and 3030 is an upper tl .should give a clear run to 3120 area .. well that's me if you put in play your lines it should make sense if not well that's my time and opinion. And any there opinions would be welcome. Regards E
  • #474,686
  • Feb 9, 2019 4:59am Feb 9, 2019 4:59am
This pair jumped too high to fall smooth! Slow and step by step no problem though and still waiting break and stay below 1.2829, daily close below 2900 may tank to that level though. Take care. Not see any great bull yet
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,687
  • Feb 9, 2019 5:06am Feb 9, 2019 5:06am
Quoting Shadowluxury
{quote} Happy to hear that. Just subscribed you so I can follow your update mate. Still learning through
if you new to this homework homework and even more homework. You won't get rich quick we'll only if your lucky lol . Small lots stops in place only put a trade on at a point of interest i.e. Tl s/r line fib retrace when you have a good idea of the moving trend . Don't trade other peoples trade only if they fit in with what you think and believe. As you will see reading posts here traders get it wrong .. have a full plan from the month down . YouTube anything you want to learn . Don't pay money for robots . Well I think that just about covers things that you don't do lol . Trade safe but trade with conviction.
  • #474,688
  • Feb 9, 2019 5:07am Feb 9, 2019 5:07am
Quoting fontu
This pair jumped too high to fall smooth! Slow and step by step no problem though and still waiting break and stay below 1.2829, daily close below 2900 may tank to that level though. Take care. Not see any great bull yet {image} {image}
Nice fontu seem to be on the same thought wave . E
  • #474,689
  • Feb 9, 2019 5:34am Feb 9, 2019 5:34am
Interesting look at things . Make your monthly chart small back to June 2010 fib the 7200 top and the bottom and extension above and below . And look at the yearly moves . It's about every 2 years for the correction moves . So the end of this year pans out to .61%shirt ext at 1.1025 or a upper tl breakout probably if if it goes long to 1.515 . Just a note of interest
  • #474,690
  • Feb 9, 2019 6:18am Feb 9, 2019 6:18am
looking forward for next week.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 155 KB
  • #474,691
  • Feb 9, 2019 6:43am Feb 9, 2019 6:43am
Quoting Hairi
looking forward for next week. {image}
thinking the same

Quoting iqyu5an
{quote} now i ' m looking for bullish butterfly and 5:0 bullish pattern around the horisontal red line to load bull bullet. meanwhile if there is any drop to 2900 ish , i will clear out my bear position ( partialy ) and look all possible price action around 3000-3050 later
not euphoria follower
  • #474,692
  • Feb 10, 2019 6:14am Feb 10, 2019 6:14am
I see a lot of people predicting where it may go, we all have different trading styles but I found after I stop trying to predict where it would go and just traded what I saw I was more profitable I took under 300 pips this week from GU alone trading what I seen.
Asian consolodation-stop hunt- trend (London)-NY reversal. This worked for the news release on GBP last week and it plays out every single day. Some people may think I’m talking rubbish but it works for me just trying to help
The chart below is Friday I caught the move up and down
Attached Image (click to enlarge)
Click to Enlarge Name: 5707C3BC-503C-433C-ACAB-D2B39802CA52.jpeg Size: 456 KB
  • #474,693
  • Feb 10, 2019 6:47am Feb 10, 2019 6:47am
Interesting charts etc.
Respect !!

I'm saying correction up (maybe) then drop (pretty certain).

As you know i rarely chart. I'm on the "wisdom " side more

Here
Attached Images
Beware of robber banks (RB), bad advisors.
  • #474,694
  • Feb 10, 2019 9:32am Feb 10, 2019 9:32am
Quoting Hairi
looking forward for next week. {image}
ok 3050 limit up for down but simply correction already over 2978 may enough if strong bear present , likely there now though against very big monthly bull candle may limit the correction down !! anyway below 2828 should not be that problem !
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,695
  • Feb 10, 2019 2:32pm Feb 10, 2019 2:32pm
Quoting Not-KPMG
{quote} Reminds me of piece of forecast, two years ago maybe. Note the EURO bit happened couple times already ... Remember euro was about 1.0450 and everybody and his Online cat was moaning "Paaarity". LOL {image}
just waiting for the markets to open lovies
  • #474,696
  • Feb 10, 2019 3:19pm Feb 10, 2019 3:19pm
150 billion £ move
Attached Image
  • #474,697
  • Feb 10, 2019 9:41pm Feb 10, 2019 9:41pm
Quoting mkvy
150 billion £ move {image}
Wow! Incentive to hold some time, daily a long leg doji of still indecision, pa may love absorb it all, break that wick low to make new one! Try accumulation may be!!
Starts with 2923/20 with intermediate stoppage 2889 for 2853, a big challenge!!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,698
  • Feb 10, 2019 11:08pm Feb 10, 2019 11:08pm
I cannot see the direction of GBPUSD. If price breaks 1.29962 or 1.28639 then maybe I can see direction.
  • #474,699
  • Feb 11, 2019 12:21am Feb 11, 2019 12:21am
Inserted Video
  • #474,700
  • Feb 11, 2019 12:40am Feb 11, 2019 12:40am
Quoting andrern2000
I cannot see the direction of GBPUSD. If price breaks 1.29962 or 1.28639 then maybe I can see direction.
if you couldn't see, just stay away from the market and relax
not euphoria follower
502 traders viewing now, 1 is registered: